How To Become A Logistic Analyst

Published By Team Setmycareer on Sep 19, 2023

Discover How To Become A Logistic Analyst

Logistics analysts, also recognized as logistics specialists, play a crucial role in planning, organizing, and evaluating an organization's operational processes or distribution network. They oversee the entire lifecycle of shipments, from procurement to delivery, and efficiently allocate organizational resources. By identifying and eliminating inefficiencies and gaps, logistics analysts enhance the efficiency of their teams. Using their research, they strive to improve productivity and determine the most effective strategies to achieve the company's objectives. Effective communication skills are essential, as logistics analysts collaborate with colleagues at all levels to share findings, make decisions, and drive progress. Strong analytical expertise and a comprehensive understanding of logistics and development are vital for this role. Additionally, proficiency in computer applications, databases, statistical systems, dashboards, and logistics software is required.

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Eligibility Criteria

To become a Logistics Analyst, you should possess at least 50% aggregate in 12th grade from a recognized institution, irrespective of the board (PUC/CBSE/ICSE/ISC, etc.). Eligibility criteria may vary with different colleges' selection processes. A degree/diploma or certification from a recognized establishment is a basic requirement for entering this line of work. Pursuing a Bachelor's degree in Engineering, Mathematics, Supply Chain, Business Management, or related fields can provide a strong foundation for a logistics analyst career. However, hands-on experience or specialized courses in Logistics Analytics can offer a deeper understanding of the field. For advanced opportunities, an M.Sc/MBA in Logistics Analytics/Supply Chain Management can be beneficial.

Tasks to Perform

Create or update repositories for exchange rates to determine the most cost-effective methods of transport in supply chain management.
Restructure shipment arrangements to optimize coordination and truck utilization, minimizing unused transportation resources.
Collaborate with operations management departments to improve service levels, streamline the supply chain, and optimize costs.
Continuously analyze shipping costs, parts sourcing, backorders, and distribution procedures for potential improvements.
Use Internet transportation management techniques to remotely monitor traffic or product movement.

Knowledge and Skills Required

Knowledge:

Legal System — Awareness of statutes, political systems, court processes, and federal regulations relevant to logistics and supply chain management.
Arithmetic Prowess — The ability to evaluate and interpret mathematical equations to address complex problems related to logistics and operations.
Computer Application — Understanding of databases, circuits, computer equipment, and logistical software for efficient data analysis.
English Grammar — Proficiency in English grammar, communication, and effective presentation of findings and conclusions.
Secretarial Skills — Experience in handling technical and administrative tools, note-taking, and document management.

Skills:

Surveillance — Keeping track of and evaluating results to make necessary changes or improvements.
Time Management — Efficiently handling multiple tasks and activities to deliver results in a timely manner.
Effective Involvement — Actively listening, considering others' arguments, and responding appropriately to foster effective communication.
Processes Assessment — Identifying key performance metrics and steps to enhance effectiveness and efficiency.
Method of Learning — Adapting and implementing appropriate approaches and techniques for continuous learning and improvement.

Job Roles Offered

Once you meet the qualifications to become a Logistics Analyst, various job roles open up to you in this field. Some of the potential job roles include:

Acquisition Analyst: An acquisitions analyst specializes in analyzing the risks and advantages of business acquisitions. They assess the benefits of acquiring another company and may be involved in implementing organizational policies and reporting assistance.
Procurement Analysts: Procurement analysts play a key role in supply chain management. They act as a point of contact between their employers and suppliers, overseeing supplier selection, contract negotiation, and efficient supply management.
Operations Analysts: Operations analysts assess and improve corporate structures and management. They analyze workflows and processes, make recommendations for improvements, and ensure compliance with regulations and legislation.
Supply Chain Management Analyst: A supply chain analyst evaluates and optimizes the company's inventory management. They analyze data, find opportunities for improvement, and assist the Supply Chain Manager in resolving supply chain-related issues.
Procurement Specialists: Procurement specialists, also known as sourcing agents, are responsible for securing the best deals with suppliers for their companies. They manage the purchasing of supplies necessary for production and inventory management.

Career Opportunities

Logistics Analysts can explore various career opportunities in reputable companies such as:

Honeywell
Accenture
Colgate-Palmolive
Eastman
Diageo
CHEP
AlgoShack
Astreya
Vestas
Juniper Networks

Colleges Offering Courses

NSHM Knowledge Campus - Kolkata (NSHM), Kolkata
Indian Institute Of Foreign Trade (IIFT), New Delhi
Vels Institute Of Science, Technology & Advanced Studies (VELS University), Chennai
ICFAI Business School (IBS), Hyderabad
Loyola Institute Of Business Administration (LIBA), Chennai
Amity Business School (ABS, Noida), Noida
Indian Institute Of Social Welfare And Business Management ( IISWBM), Kolkata
Lovely Professional University (LPU), Phagwara
Institute Of Business Management & Research International Business School (IBMR-IBS), Bangalore
Garware Institute Of Career Education And Development ( GICED) , Mumbai

Work Environment

Most of Logistic Manager work full time during regular business hours. Some logistic manger may travel frequently to visit a company’s manufacturing plants or distribution centers. When dealing with delivery problems or other logistical issues, they may work overtime to ensure that operations stay on schedule. The job can be stressful because logistical work is fast-paced. Logisticians must ensure that operations stay on schedule, and they must work quickly to solve any problems that arise.

Entry Level Education

Aleast matriculation with ITI course in specified trades.
18 - 30 YR. for the general candidates.
Apply for the competitive exam held for the job whenever declared by any of the 17 RRB'S of different zones in Indian Railway.
After clearing the exam the required training is been given.

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